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AstraZeneca, Merck deals lift Chinese biotech as US curbs fears ease
South China Morning PostLO·CN · US · GB·4 days ago
BioNTech is closing three production plants and its founders are stepping back, a significant restructuring after its COVID-era peak. The move signals a strategic pivot toward new therapeutic areas, but near-term costs and leadership transition create uncertainty. This matters as it could reshape the company's growth trajectory and investor sentiment.